AMA with Arbitrum on cross-chain compatibility, the bear market & more

Recorded: Oct. 6, 2022 Duration: 0:42:19

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Great, hi there folks. My name is John and I'm a partner with QuitaloConCaptal. These are the QuitaloCon's venture capital and I've been hosting a number of these AMAs
that we have been doing with Leuwen and Blair2 projects in the crypto space. This series is followed up to a piece of research that the crypto.com capital research team did at the end of August, beginning of September.
at Tamba on layer one projects. Very complicated. Space that's evolving on an almost weekly basis. So visit www.quital.com/research and you can find that piece of research that we did at the end of August.
And also ongoing pieces that we are adding on a weekly basis. So this week, our conversation is with Arbitram, which is very exciting. And I'm delighted to welcome Nina Wrong, who is partnership manager with the project. Hey, Nina, how are you doing today?
Hey John, hi everybody, nice meeting you all. I'm great. How are you?
I'm good thank you Singapore is very hot today and that's where I am. If it comes off as this, how about you? Whereabouts in the world are you at the moment?
I'm in New York right now. It's finally stopped raining, so it's sunny like Singapore, finally after like five days of raining, so I'm pretty happy about that. Nice, I think it's been raining everywhere. Singapore's been getting plenty of water too. Great, so we're here to discuss Arvachem, which I
as hopefully people will know, founded by off chain labs. You guys are using an optimistic roll up for a layer 2 scaling solution so we'll get into that very soon. Just to briefly give an overview of the show one, launched the public in September 2021. And recently
you guys introduced Arbitram Nova, which is Web3 gaming and social applications chain. Very exciting. Some of the partners on that include Reddit, which obviously the front page of the internet using Arbitram Nova for its community points system. You guys also recently have an exciting
grade, right? The night show upgrade launched, allowing increased throughput and lower fees, which is exciting. We'll get into that too. And I think if I write the network has over a million addresses and close to 20 million transactions, need there is that, are those numbers accurate?
Yeah, that sounds about right. I think last time I tried we had 1.3 million. Well, that was like a week ago.
So huge, you guys are one of the main that it's gonna be as you put it.
So great to have you. I've had you. Yeah, absolutely. You have to introduce yourself a bit and sort of let us know a bit of the background on where Albertham came from. So we have a bunch of questions that we've curated on our side and we've also reached out to the community in the last few days who've got some questions from our audience too.
So do you want to just explain a bit about yourself Nina, sort of how you got into the industry and some of the background on how Arbitcham came to be?
Yeah, absolutely absolutely Nina here from the partnership team and arbitrage on having this the project over a year now I joined it just been a year and Schlauer and Now it's already another year Before this I was do I was lonely my own AI company saw
open source. I'm very close with the whole open source community and very focused on infrastructure as well. That's why I chose Lear 2 as my interest to enter the crypto industry as a full time. And then, you know, happily I had a great childhood
with our funder Steven and our chief strategy officer AJ. And I became the first employee in APEC and also now responsible for all these and who like to change their relationship, which is why I got this critical contract which is a very close partner of us. Yeah, and that's how I got here.
Very cool. Very cool. Okay. All right. So let's share a bit more about, you know, how, how off-key labs is, how we got, how we decided to build the layer queue and why we, why we chose to become a scaling
This is actually a funny story that if you have been following our projects, you would know that three of our founders are all from Princeton, two of them are PhD and the other one, Ed's Feltin was actually a professor at Princeton and
and he was also the deputy city of Fort Preston Obama that in 2015 to 2017. So this whole project started off as an academic project in Princeton and that was really
back before it even existed. So it was originally a scaling solution for Bitcoin. However, after Asphalt 10 comes back from the White House, they repicked up the academic project and converted into a commercial project and now it's now called Arvishom 1.
And that's very cool and I love that the Quirks Endership has folks from all sort of spectrums and all parts of the world and it's also very cool because you know sometimes projects seem to sort of grow very quickly in scale up so
There's also a lot of academic backgrounds, so that's always very fascinating. Puzzle the floor back to you, John. Awesome. Okay, so yes, can you hear me? I don't know if we have this light.